Market Morning Briefing

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    An improved Chinese export number has induced relief rallies in the highly oversold markets, resulting in a temporary outflow from the safe havens like Euro (1.082) and Yen (118.29). Offshore USD-CNH (6.5708) is trading lower than the onshore (6.5745) this morning, a clear sign of PBOC intervention, strengthening the chances[​IMG]

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